SOLD – $2.50 – 1831 PCGS AU58 CAC

1831_250_P58_CAC-950x351.jpg
1831_250_P58_CAC-950x351.jpg
sold out

SOLD – $2.50 – 1831 PCGS AU58 CAC

21,500.00

Serial Number 26210254

PCGS Lookup Number 7671

Add To Cart

BD-1. R-4. The short-lived reduced sized Capped Head Left quarter eagle type of 1829-1834 is characterized by small mintages. Only 4,520 examples of the 1831 were made and an estimated 100-125 are known today. This specific coin is the sort that, when grading gets liberal, is called MS61 by the services. I view it is a gem slider with nearly full luster, lovely natural orange-gold color and just a bit of friction on the relief details and in the obverse fields. It is likely that this piece never saw circulation and the “wear” is, actually, cabinet friction; the result of the coin sliding in an album or old holder. This date (and type) is extremely hard to find in PCGS 58. The last example sold at auction was in a DLRC 3/08 Internet-only offering and nearly all of the quarter eagles of this type to sell in recent years have either been higher grade (MS63 and above) or ratty, low-end AU’s.

If you need this deign for your type set, I urge you to consider it strongly as it may be many years before another slider of this quality becomes available.